All London Market articles – Page 2
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Warning for London insurance market despite ‘stable’ rating issued
’Failure to prepare for risks could have capital implications,’ says rating agency
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Lloyd’s provides Blueprint II progress update after ‘great’ 2022
’2023 will be an important year for the delivery of Blueprint II,’ says chief executive
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Cyber MGA Intangic launches with AXA XL-backed parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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Zoomers and Millennials to play increasing role in market plans
Putting younger professionals at the centre of the London insurance market’s modernisation is LIIBA’s focus for 2023
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UK regulations have ‘suffocated’ London’s competitive edge
The news comes as Prime Minister Liz Truss is set to announce sweeping reforms to the financial services industry
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London market still catching up on admin backlog caused by pre-pandemic ‘creaking systems’
London market firms are ‘leaning into the need to move to a digital marketplace’, causing a technology ‘revolution’
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Sompo International agrees sale of EAL to ‘withdraw’ from Lloyd’s
The move marks the culmination of the firm’s strategy to divest itself from Lloyd’s and focus on the London market
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Liz Truss moots FCA and PRA merger
The frontrunner to be next UK prime minister has pledged a shake up of the City of London regulators
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Cyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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Hiscox appoints Stéphane Flaquet as chief operating officer
He is currently group chief transformation officer and Interim chief executive officer for Hiscox UK
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Lloyd’s commits to One Lime Street
The Lloyd’s market will remain in the iconic Richard Rogers-designed building until at least 2031
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GCube hires head of London Market Underwriting
Olly Litterick joins from Occam Underwriting Limited where he was director – head of Low Carbon Energy
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ILS capacity will be essential for energy transition risks
Innovative risk transfer solutions will be needed for emerging technologies as energy markets transition, says Neil Eckert
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MS AUL names head of reinsurance and deputy CUO
Grant Baxter joins MS Amlin Underwriting Limited from Liberty and replaces Matthew Wilken, who left the firm in January
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Howden Group appoints TMK’s Tom Hoad
In a new role, he is tasked with leading a new initiative to facilitate the launch and growth of insurance start-ups
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MGA market balloons to $15 billion
Annual growth of approximately 21.7% has been achieved by using technology to create new and disruptive offers
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Beazley launches D&O solution for crypto companies
Crypto firms face a myriad of risks from extreme volatility to a lack of regulation
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Lloyd’s targeted by Mary Poppins-themed flash mob
Protestors called on Lloyd’s to take concrete climate action and protect the next generation
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World’s first carbon insurer launches
Kita’s focus is carbon removal, insuring “carbon delivery risk” to enable carbon removal solutions to scale
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LIIBA names three deputy chairs
They are Ed Broking’s Heather Clarkson, Aon’s James Baum and Marsh Specialty UK’s Dominic Samengo-Turner
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